What are 3 reasons to sell your home now rather than wait for that “perfect” time.
HIGH DEMAND, LOW SUPPLY.
Increasing rent rates, increased employment and low interest rates are motivating many people to buy homes. However, homeowners are hesitant to sell. Consequently, when a home does go on the market, it usually has multiple offers and sells above asking price.
INTEREST RATE INCREASE.
The Federal Interest Rate has been near zero for several years, but most ﬁnancial experts expect it to rise by the end of the year. It could increase by as much as a quarter of a percentage point. When this happens, many buyers who are currently eligible for a home will no longer be eligible, and demand will decrease.
YOUR HOME IS PROBABLY WORTH MORE THAN YOU THINK.
Home values have been steadily increasing. Don’t miss the opportunity to cash in on your equity.
In addition to a favorable market, there may be several other reasons to sell that are specific to you and your family.
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